According to the latest data, tuition at Pima Medical Institute-Phoenix rose by 9.5% for the 2022-23 school year, according to the latest disclosure from the National Center for Education Statistics.
Students enrolled at the two-year private for-profit college paid $16,355 this year, which is $510 higher than the $15,845 charged during the 2021-22 academic year.
Approximately 99% of the undergraduate students at the institution are residents of Arizona, while about 1% come from other states.
Data indicates that 73% of full-time undergraduates who began their studies at Pima Medical Institute-Phoenix in 2022-23 received some form of student financial aid. Specifically, 251 students were awarded grants or scholarships totaling $1.3 million, and 341 students obtained student loans amounting to over $2.3 million.
Among all undergraduate students, 679 received grants or scholarships totaling $3.4 million. Additionally, 760 students took out federal student loans exceeding $5.5 million.
Undergraduate education costs have seen a significant increase over the past few decades. Data shows a 169% rise in the average total cost, including tuition, fees, room, and board, between 1980 and 2020.
According to a 2023 College Board report, in-state students at public universities paid an average of $11,260, while out-of-state students paid $29,150 in the 2023-24 academic year.
Meanwhile, student loan debt has steadily increased over the last 30 years, reaching $1.75 trillion in 2024, averaging a total of $28,950 per borrower. Federal loans make up 92% of the debt, with over half of students at both public and private four-year colleges graduating with student loans.
Available data sometimes exceeds 100% due to rounding and administrative calculations.
The following data includes only full-time students who began an undergraduate program at the the Pima Medical Institute-Phoenix in the 2022-23 school year.
| Type of Aid | Number of students awarded aid | Percent awarded aid | Total amount of aid awarded | Average amount of aid per student |
|---|---|---|---|---|
| Federal grants | 247 | 46% | $1.2 million | $4,878 |
| State / local grant or scholarship | 14 | 3% | $84,711 | $6,051 |
| Institutional grants or scholarships | 0 | 1% | $0 | $0 |
| Grant or scholarship aid total | 251 | 47% | $1.3 million | $5,185 |
| Federal student loans | 339 | 63% | $2.2 million | $6,368 |
| Other student loans | 12 | 2% | $127,030 | $10,586 |
| Student loan aid | 341 | 64% | $2.3 million | $6,703 |
| Total student aid | 388 | 73% | $3.6 million | $9,245 |
Information in this story was obtained from the National Center for Education Statistics. The source data can be found here.
